HQ Homes
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$232,260$232,260$391,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$159,240$0
Funding fee$1,161$1,161$0
Note rate2.98%2.98%7.24%
Blended rate2.98%5.022%7.48%
1st payment$1,129.89$1,129.89$2,668.07
2nd payment$0.00$1,061.60$0.00
Taxes / mo$240.67$240.67$240.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,520.56$2,582.16$3,137.03
Cash to close$202,740$43,500$43,500